Portfolio News

LDC-backed Keoghs aquires 400-strong insurance team

Insurance law firm Keoghs, which has been backed by LDC since 2012, has exchanged contracts with Hill Dickinson to acquire its highly-regarded Insurance Business Group. 

This excludes all marine insurance and clinical negligence work, which has always been undertaken separately to the general insurance work and will continue to be an integral part of Hill Dickinson’s core business. 

The deal will see 16 Hill Dickinson partners and 400 other fee earners and business services staff based across sites in Liverpool, London and Manchester transfer to Keoghs by the end of January 2018. 

Keoghs is renowned for its expertise across the full spectrum of insurance claims, including motor, liability, complex personal injury, property, credit hire and disease. It also has a leading reputation for representing insurer clients in insurance fraud matters. 

The move will bolster the firm’s capacity and capability in professional and financial risk, abuse and corporate risk matters. It will also see Keoghs establish a presence in Liverpool for the first time. 

John Whittle, CEO of Keoghs, said: “When combined with our recent office openings in Southampton, London and Glasgow, this acquisition is the latest investment to enable us to deliver on our vision of becoming the pre-eminent legal services provider for the UK insurance industry. 

“In the current climate of consolidation within insurance law, investment in people, technology and infrastructure are the key factors to enable success. Keoghs is at the forefront of driving market change and we are determined to put clear blue water between us and our competitors.” 

John Garner, director and head of LDC in Yorkshire and the North East, added: “Keoghs is an ambitious business and the acquisition of the 400-strong team from Hill Dickinson marks an important step in the firm’s long-term growth plan. Not only does it further bolster Keoghs’ market-leading teams, enabling the business to continue to provide the quality service for which it is renowned, it also expands the firm’s national footprint and further cements its position at the forefront of legal services for the insurance sector.”

Article Footnotes

Notes to Editors

  1. LDC is part of the Lloyds Banking Group and is authorised and regulated by the Financial Conduct Authority
  2. LDC back ambitious management teams from UK-based companies seeking between £2m and £100m of equity for management buy-outs, institutional buy-outs or development capital transactions.
  3. LDC invests in a broad range of sectors and has particular experience in Construction & Property, Financial Services, Healthcare, Industrials, Retail & Consumer, TMT, Travel & Leisure and Support Services.
  4. LDC has a UK regional network of 9 offices.